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Deerfield receives clean audit for 2024; police pension funded about 88%
Summary
Independent auditors issued an unmodified opinion on Deerfield’s annual comprehensive financial report for the year ended Dec. 31, 2024; trustees accepted the report. The village’s fund balance rose modestly, proprietary funds grew, and the police pension gained about $4 million to roughly 88% funded.
The Village of Deerfield on Aug. 18 accepted its annual comprehensive financial report for the year ended Dec. 31, 2024, after auditors from Baker Tilly issued an unmodified (clean) opinion and reported no internal control deficiencies.
Auditor Joe Lightcap told trustees the comprehensive report likely again qualifies for the Certificate of Excellence in Financial Reporting and…
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